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    231 E Buffalo St New Buffalo, MI 49117

    For Sale
    $1,325,000

    COMMERCIAL - New Buffalo, MI

    Property size:
    5,100 SF
    Lot size:
    0.45 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 231 E Buffalo St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Basement, Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 6
    Bathrooms
    6
    APN
    11-62-0010-0010-07-7
    Parking
    11
    Interior features
    Broadband
    Size
    5,100 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Number of units
    6
    Building materials
    Brick, Stone
    Roof type
    Composition

    Ellsbury Commercial Group (219) 200-5133

    Listing agent Lane Moser (260) 615-9248

    Listing date Nov 19, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Short-Term Rental Business

    This fully turnkey short-term rental business, operating for over 30 years in the heart of Harbor Country, is ready for a new owner. The sale encompasses the entire business operation, including the website, client list, booking database, furnishings, and decor, offering a walk-in investment with immediate income potential. The property operates at roughly 44% occupancy with an average nightly rate of $226. The business has a loyal returning customer base and consistent year-over-year performance. Everything is included in the sale: the brand, website, reservation platform, furnishings, decor, and guest database. New Buffalo is located at the heart of Harbor Country, a desirable vacation destination, approximately 70 miles from Chicago. The area attracts visitors, with annual tourism spending exceeding $483 million in Berrien County. The property is near Lake Michigan beaches, shops, restaurants, Four Winds Casino, and the Amtrak station. The property size is 5100 square feet and the lot size is 0.45 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Buffalo
    County
    Berrien
    State
    Michigan
    Longitude
    -86.740055
    Latitude
    41.795253

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    FAQs

    What type of property is this?
    Hotel - Established hospitality business in Harbor Country with immediate income potential.
    Where is this hotel located?
    The property is located at 231 E Buffalo St New Buffalo, MI.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: - Fully turnkey short-term rental business with immediate income potential, including website, client list, booking database, furnishings, and decor.; - Prime location in the heart of Harbor Country, a highly desirable vacation destination near Lake Michigan, shops, restaurants, and transportation.; - Established business with over 30 years of operation, a loyal customer base, and consistent year-over-year performance.
    (260) 615-9248
    Request Owner's contact information
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    New Buffalo, MI 49117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 E Buffalo St New Buffalo, MI 49117
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